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Ordinance 3655-19
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Ordinance 3655-19
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1/31/2019 9:30:45 AM
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1/31/2019 9:30:37 AM
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Ordinances
Ordinance Number
3655-19
Date
1/23/2019
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B. Source of Funds <br /> 2011 Water and Sewer Revenue Bonds $ 48,000,000 <br /> Future Revenue Bonds $ 74,000,000 <br /> Direct Contributions $ 26,354,100 <br /> City of Everett Utilities $ 50,935,900 <br /> Total Estimated Funds $199,290,000 <br /> An additional sum of$48,500,000 is hereby appropriated and added to the initial appropriation of <br /> $199,290,000 to Fund 336, "Water and Sewer System Improvements Fund" for completion <br /> of projects currently under construction as follows: <br /> A. Estimated Project Costs: <br /> WATER AND SEWER PROJECTS <br /> (x $1 Million) <br /> WATER <br /> Water Main T $ 3.00 <br /> Water Main Q—Phase lA 2.50 <br /> WFP Process Water Pump Station 1.50 <br /> Water Main S 1.00 <br /> Total Water $ 8.00 <br /> SEWER <br /> Grand Avenue Park Pedestrian Bridge $11.80 <br /> WPCF FEN Pump Station& Chlorination Building 10.00 <br /> Cleveland Avenue Sewer Improvements 10.00 <br /> Port Gardner Wet Weather Facility 4.90 <br /> North Wetmore Stormwater Separation 2.50 <br /> Grand Avenue Utilities 1.30 <br /> Total Sewer $40.50 <br /> Total Project Cost $48.50 <br /> B. Source of Funds (x $1 Million) <br /> Existing Fund Balance $40.00 <br /> Transfer From Fund 401 6.00 <br /> Water and Sewer District Contributions 2.50 <br /> Total Estimated Funds $48.50 <br />
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